CASSWELL GARY W 4
4 · PRIDE INTERNATIONAL INC · Filed Jan 5, 2005
Insider Transaction Report
Form 4
CASSWELL GARY W
VP - Eastern Hemisphere Ops
Transactions
- Award
Stock Option (Right to Buy)
2005-01-03+42,500→ 42,500 totalExercise: $20.07Exp: 2015-01-03→ Common Stock (42,500 underlying) - Award
Common Stock
2005-01-03+17,000→ 30,500 total - Tax Payment
Common Stock
2005-01-03$20.07/sh−1,021$20,491→ 29,479 total
Holdings
- 100(indirect: By Daughter)
Common Stock
Footnotes (2)
- [F1]The reporting person disposed of these shares directly to the issuer upon the vesting of previously awarded restricted stock. The purpose of the disposition was to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the Internal Revenue Service in cash.
- [F2]The option vests in five equal installments on June 30, 2005, December 31, 2005, June 30, 2006, December 31, 2006 and June 30, 2007.